Rice Companies Acquires Iowa-Based General Contractor The Rose Companies

Group of professionals at ribbon cutting ceremony

Rice Companies announced today the acquisition of Fred Rose L.C. dba The Rose Companies, a Cedar Falls, Iowa-based premier design-build general contractor.

This acquisition allows Rice Companies to bring its services and resources, including architecture and engineering, construction management, self-performing field services, maintenance, and development, to Cedar Falls, Waterloo, and the surrounding area. As a third-generation, family-owned company, Rice Companies has built over 3,000 commercial and non-residential projects and has over 100 employees.

“This year is Rice Companies’ 70th year anniversary and expanding into Iowa is a great way to celebrate that milestone. We’re excited to build on the legacy of designing and building great projects that Fred has created in Cedar Falls. Fred was a Butler builder, and we have a long-standing, valued partnership with Butler Manufacturing that we’re looking forward to building upon now in Iowa. At Rice Companies, we believe in building high-quality, innovative projects and partnerships with our customers that stand the test of time.”

Chris Rice

Fred Rose will join the Rice Companies team to ensure a smooth transition for current customers and partners. Fred has over 25 years of construction experience and a long track record of success. His leadership and mentorship will be key as the new Cedar Falls leadership team is developed.

Jamie Fettkether, an Iowa native with 28 years of construction experience, has also joined Rice Companies as the company’s Cedar Falls General Manager. Jamie will build upon Rice Companies’ partnership-based approach to its design, construction, and facility maintenance offerings in the region.

“Jamie and Fred will work closely together to grow a local team, create strong, lasting partnerships with customers and build up the local communities. We’re excited to bring our values, services, and approach in the design-build construction market to the Cedar Falls, Waterloo, and surrounding communities.”

Rice Companies’ Cedar Falls, Iowa office is the company’s fifth location and third acquisition. Headquartered in Sauk Rapids, Minnesota, Rice Companies also has regional offices in Glencoe, MN, Mankato, MN, and Fargo, ND.

Rice Companies is leasing office space at 1304 Technology Parkway in Cedar Falls with plans to build a permanent location in the near future.